MGO Global Balance Sheet Health
Financial Health criteria checks 6/6
MGO Global has a total shareholder equity of $921.7K and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.2M and $1.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$934.91k |
Equity | US$921.75k |
Total liabilities | US$1.32m |
Total assets | US$2.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MGOL's short term assets ($1.9M) exceed its short term liabilities ($1.3M).
Long Term Liabilities: MGOL has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MGOL is debt free.
Reducing Debt: MGOL had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: MGOL has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: MGOL is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.